Tag: energy
The latest news of international oil prices: overnight market news and data summary
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International market: At the close of eastern time on Wednesday (September 7), international crude oil closed down, of which WTI crude oil futures closed...
European energy crisis brews steel giant ArcelorMittal to close two German plants
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ArcelorMittal, one of the world's largest steel manufacturers, announced on September 2, local time, that it will close a blast furnace in Bremen, northern...
New orders for U.S. durable goods ease recession fears
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Today Thursday (August 25), the Asian plate. The dollar index was quoted at 108.46, down 0.16%. Data on Wednesday showed that new orders for...
ECB may be forced to keep raising interest rates
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Today Thursday (August 25), the Asian plate. The euro was quoted at 0.9988 against the dollar, an increase of 0.15%. The EUR/USD pair traded...
South African inflation hits highest
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Today Thursday (August 25), the Asian plate. The US dollar, the South African rand, was quoted at 16.8825, down 0.27%. Inflation in South Africa...
South Korea’s economic recovery may pour cold water, the won may depreciate
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Today Thursday (August 25), the Asian plate. The dollar was quoted at 1336.8200 against the Korean won, down 0.21%. The market believes that the...
U.S. recession hits spot gold
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A new survey by the National Association for Business Economics (NABE) shows that 72% of economists surveyed expect the next U.S. recession to begin...
Indian refinery capacity utilization exceeds 100% in July
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India's crude oil output fell 3.8% in July compared with a year earlier, as private companies and state-owned oil and gas companies (ONGC) pumped...
LONGi Green Energy: Demand in the photovoltaic industry grew rapidly in the first half of the year
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On the evening of August 24, LONGi Green Energy disclosed its 2022 semi-annual report. In the first half of the year, the company achieved...
U.S. crude oil exports hit 5 million barrels per day
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International oil prices have recently turned heads, as U.S. crude oil sales overseas are set to hit a new record by 2023 as U.S....
U.S. crude oil, refined oil inventories fall
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On August 24, local time, the EIA said that in the last week, U.S. crude oil and refined oil inventories fell, but the large...
South Korea’s economy heavily reliant on exports, won tumbles against dollar
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On Wednesday (August 24), the US dollar was quoted at 1342.1000 against the KRW, an increase of 0.25%. The KRW fell to 1345.80 against...